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block. >> reporter: if you work at the pentagon, you could get one day off a week unpaid. leon panetta has warned congress, they're looking at these furloughs. if you don't work at the pentagon there are a number of other areas where you could be affected as well. take a look. the cbo said that we're looking at 750,000 job losses. small business loans down $902 million. the fbi could lose 1,000 federal agents. nutrition aid for women and children, over 500,000 could lose that. not to mention other programs that could go away like meals on wheels. >>> so, how will this midwest storm impact all of us? nbc meteorologist bill karins is here with the details. >> yeah, not many people will want to be traveling in the central plains today. jay gray in kansas city, two hours, it's going to be snowing incredibly hard in kansas city. now, as far as the radar goes, the blue is the intense snow. the pic shows you ice. the green is just plain old rain there from oklahoma city southward. if you're in the wichita, kansas, area, go outside, you may see some flashes in the snow, you have thundersnow at
. >> something ever happens, yeah, i'd probably lose my house, everything. >> reporter: the pentagon calls the cuts "stupid." and it's hard to disagree. get this. there's billions of dollars the pentagon wants to cut, but isn't allowed. like the upgraded m-1 abrams tank, $3 billion. and the upgraded global hawk spy drone, $2.5 billion. with just over 48 hours until these cuts go into effect, you might think there would be urgent meetings going on here at the white house or up on capitol hill, but you would be wrong. there are no meetings or even phone calls on the schedule right now between the president and republican leaders. david? >> and friday is coming quickly, jon. our thanks to you tonight. >>> we're going to turn to iran this evening, where tonight, the iranian team is at the negotiating table with not only the u.s., but several other nations. those critical nuclear talks we've been reporting on for the last week here. as you know, we're just back from iran, where we witnessed first-hand the economic sanctions led by america. so many of the iranians at the markets, at the schools,
including cost support options, call 1-888-xarelto or visit goxarelto.com. >>> the pentagon is warning today of drastic civilian cutbacks under the automatic budget cuts set for march 1st. our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are some 800,000 civilian workers are facing one day of furlough for the next 22 weeks. it is going to start hitting an awful lot of people right in the pocketbook. i want you to have a quick listen to one of the pentagon officials that explained some of the impact today. >> the effects of sequestration and the continuing resolution on our military personnel will be devastating. but on our civilians, it will be catastrophic.
is making the issue complicated. >> they are talking about a way to save money in the pentagon and they will furlough the civilian workers one day. also the president put together a way to delay the whole thing for a couple of months but that doesn't make sense. and so far boehner has been effective in saying mr. president you came up with the idea, you solve the problem. and yesterday instead of the president picking up the phone and working with local leaders, he called local stations and did local interviews. if you get the sense we are moving from one crisis to another, you are not crazy, you are right. it's just hard to make sense of how many different things could kill us. here's rush limbaugh yesterday. >> have you of if you listen to obama and his minions in the news media, they are all running neck and neck. maybe ought to explore some sort of sequester control because it's out of control. he wanted the spending cuts a year ago, now he doesn't want to go anywhere near the spending cuts but it's his plan. sequester was his idea. now he's complaining that these cuts will
jennifer griffin live from the pentagon with more on that. >> reporter: today the deputy defense secretary, jon, warned by the end of the year two-thirds of all army units will not be ready to fight other wars, and there won't be enough money to put out to sea a third of the navy ships. the warning comes one day after the pentagon told congress it is going to have to furlough half of its 800,000-civilian workers. the hardest-hit states, california and virginia. our team went to hampton roads, virginia, yesterday. tom taylor owns a ship repair business there. >> it's not like turning on a spigot. you don't turn it on, turn it off, you know? if it's canceled, these things are months or years in the planning stage, so if they are canceled, you know, they don't come right back, you know? so that's pretty alarming. >> i want to know when am i looking -- am i getting laid off in march or april? you're one of those people who are living paycheck to paycheck, then you're, you have no secondary plan, and that's going to be horrible, it's going to cause a lot of stress. >> i'm very concerned about t
say that means as many as 700,000 of the 800,000 civilians who work for the pentagon. >> this is not a beltway phenomenon. on our civilians it will be catastrophic. >> reporter: civilians like sue ann fallenberg a single mom and administrative assistant at a naval school 3,000 miles away from washington in monterey california. >> i would have to get a part-time job to support my family. >> reporter: she is worryied about the 20% pay cut if she's furloughed or put on involuntary pay one day a week. >> can you reduce the rent for 20%? i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today.
military community where he plans to highlight painful cuts they say for the pentagon and the u.s. navy. but republican leaders calling on the president to quote, stop campaigning and help them solve the problem. but at the moment, there are no meetings planned between any of these sides, the house, the senate, the white house and they're taking friday off as of now. martha: all right. well the looming budget cuts were high on the agenda when the president sat down with the national governors association yesterday. arizona governor jan brewer went "on the record" with greta van susteren to get her impressions exactly what happened at that meeting. here's that. >> you know, he definitely says he wants to work together but obviously he doesn't want to compromise one little bit. bottom line he wants to raise taxes. and he doesn't want to cut. i think the american people believed, that the time now is to start cutting the budget. martha: so when it came to compromising governor brewer went on to say that the president said that the elections were basically behind him and that he was going t
're going to cut pretty significantly from the pentagon's budget. your move, mr. president. >> he wants revenues to go up again and john boehner's response is, we just did that. >> that's the thing. we always heard, you guys raise taxes, cut defense spending and then we will come back with a compromise on spending cuts. but, no, we raise taxes, we come forward with pentagon cuts and the president comes back with, we want to tax more americans. let's raise taxes again. >> you wonder where this ends now then, right, because if the president's not going to go anywhere without more revenue, where does this take us? we have the plan in place that was supposed to do both of those things. we're at that point on friday and we will hit it and neither side is going to get to it. what's the end game here. >> how do you think this is goin going? >> it's going terribly. >> republicans always lose these budget battles. i get a sense for the first time the president is overplaying his hand. talking about fear and loathing, locusts ascending from the heavens, now talking about more tax cuts, your dog w
hagel will show up for his first day of work in the pentagon. he was confirmed last night by a 58-41 vote. and the president's choice for treasury secretary could be confirmed today, jack lew. he sailed through the senate finance committee yesterday. >>> stunning decision from natureo. a really bad clerical error. a 7% decline in violence in afghanistan last year, turns out was inaccurate. taliban attacks held steady. and militants killed 17 people overnight, including ten afghan police officers while they slept this in the gazni province in afghanistan. >>> dennis rodman is in north korea, of all places. with three members of the famed harlem globetrotters to put on a show for fans while she film a tv documentary. rodman, known as the worm, tweeting from inside north korea and saying maybe i'll run into the gangnam style dude while i'm here. psy, he is south korean, not north korean. >> a little bit of a problem. >> a big difference. >> i haven't heard the nickname the worm since about 1999. >> rodman, bad as i want to be. >> yet there he is tweeting from north korea. >>> still a
the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers campaign events to common sense, bipartisan action." and joining us now for more on this from washington, the former chief economist of the international monetary fund and bloomberg view columnist, simon johnson. he's the co-author of "white house burning: our national debt and why it matters to you," now out in paperback. simon, good to see you this morning. >> nice to be with you. >> simon, if you could help us through this over the next week or so, it doesn't look like there's a path to avoiding the sequestration if you listen to the two sides. so how damaging would this be? because we've heard a couple different versions of it that would have immediate impacts, more than 75
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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